Echo Park Collection Portfolio - 1236 West Sunset
Multifamily | 8 Units | $391,250/unit
Marketing description
The SR Group of Marcus & Millichap is pleased to present 908–916 Everett Street and 1236 West Sunset Boulevard, two fully renovated multifamily assets totaling 20 units in the heart of Echo Park, one of Los Angeles’ most sought-after submarkets. Both properties offer turnkey, furnished housing with strong in-place cash flow and additional upside through continued branding and operational optimization.
Each property has been completely re-constructed through a “down to the studs” renovation that includes upgraded building systems, fully modernized interiors, new landscaping, outdoor decks and communal spaces, and a refreshed exterior aesthetic. The portfolio features a mix of charming bungalow-style apartments and 2–4-bedroom townhomes, designed with high-end curated interiors and flexible lease structures. The larger townhome layouts are particularly well-suited for per-bedroom rentals, allowing owners to capture rent premiums.
Fully furnished units include premium SMEG appliances, designer finishes, in-unit laundry, and curated interiors. Flexible lease terms and bundled utilities make the offering especially appealing to young professionals and creative tenants seeking high-quality, hassle-free living.
Together, the properties provide investors with a stabilized, cash-flowing portfolio with operational upside through management efficiencies and lease-up of remaining vacancy. 908–916 Everett includes two newly constructed townhome-style ADUs completed in 2021, as well as secured on-site parking. Amenities include rooftop decks, private outdoor spaces, and gated parking.
With irreplaceable locations near Sunset Boulevard, limited new supply, and growing demand for flexible furnished housing, Everett and Sunset offer investors a rare opportunity to acquire turnkey assets with high yield potential, operational scalability, and long-term growth.
PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
THE PROPERTIES MAY BE PURCHASED INDIVIDUALLY OR AS A PORTFOLIO
Investment highlights
Comprehensive Renovation Including New ADU Construction
Ownership completed an extensive interior and exterior renovation across both properties, that includes upgraded building systems including the ground-up construction of two new ADU townhome units at Everett Street and modernized common areas. Interior upgrades feature new kitchens, bathrooms, flooring, SMEG appliances, all while preserving the building’s creative aesthetic
Turnkey Furnished Bungalow Courts and Townhomes
The portfolio includes fully furnished bungalow-style apartments and 2–4 bedroom townhomes designed with high-end curated interiors. The larger townhome layouts are particularly well-suited for flexible rental strategies—whether leased by the unit or by the bedroom—offering strong in-place income and operational versatility for new ownership
Flexible Furnishing and Rental Strategy
Units are typically offered furnished but have also been rented as partially furnished, and unfurnished, mitigating the reliance on furnished-only premiums
Private Units with no Shared Walls (Sunset)
Sunset enjoys no shared walls (6 out of 8 units), offering enhanced privacy, quiet living, and a rare sense of independence typically reserved for single-family homes
A Sought-after Location
Located in a highly desirable pocket of Echo Park. With a Walk Score of 87 (‘Very Walkable’), most errands can be accomplished on foot. Residents enjoy convenient access to employment centers, retail, and entertainment from Echo Park, Silver Lake, and Downtown LA
On-site Parking
Both properties include on-site parking—an uncommon amenity in this walkable Echo Park location—offering added tenant convenience and value
Strong Future Outlook
Los Angeles will host the 2028 Summer Games, which is expected to have a significant impact on the city’s real estate market, including infrastructure upgrades, neighborhood improvements, and significant enhancements to nearby venues such as the LA Coliseum, Crypto.com Arena, and BMO Stadium
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